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Looking like a red close to me. No incentive to buy at 12 when mm's and shorts immediately drop it back down to 114 or 113. It's all about them controlling, manipulating and covering.
Am I calculating this correctly? VATE's +12% today equates to a daily gain of almost $900,000 for KGKG's VATE holdings?
I prefer to look at KGKG as a whole and not fixate day to day on one thing like you. As a whole, they are on track, meeting goals and performing nicely.
Good chunk available at 135 if they are serious about loading =)
Record sales, share reduction, VATE holdings, new sales team and corporate office, and increases/expanded distribution are all great results. And nothing wrong with paying management. Literally every company pays their employees.
Well done! More great KGKG DD. Thank you for your time and effort in putting this together.
For once you are correct. It will not be hard to break. In fact, KGKG will most likey continue to set monthly sales records from here on out.
KGKG recently announced:
Record sales in April 2018
160 mil share reduction - reported in Q1 report
VATE holding - $9mil+ - reported in Q1 report
International Distribution
New corporate office
KGKG's daily gain on their 148mil+ VATE shares must look pretty sweet right now.
KGKG strives to be the best at what they do. Although the PR did not disclose what type of crypto they are mining, I doubt they would go after something small here. Bithive could come out of nowhere and surprise us all with their haul.
KGKG is set up for excellence...
1. VATE holdings of 149 mil shares
2. Record revenue in April
3. Share reduction of 160mil
4. Bithive mining crypto 24/7 behind the scenes
5. Multi-state/territory distribution
6. New corporate office, new staff
7. No debt
Did I miss anything?
Good close today. Friday was an anomaly. Today's .015 is consistent with the daily steps up we've seen over the last week or so. Looking good KGKG!
Great post. Your positivity is infectious. Big things ahead for KGKG. Just days away from Q1 fins now.
Could be something as simple as more shares for your buck. 10,000 shares of KGKG for $130 or 10,000 shares of VATE for $650? If someone is looking for an exponential roi then maximizing shares is the goal. Especially with two companies as similar as these.
KGKG owns 148,603,365 shares of VATE per VATE's annual filed today. At today's close those shares are valued at $9,644,358. Amazing. I freaking love KGKG.
Hey team KGKG - I am new to this (about 4 months in to investing) but KGKG seems to be a no brainer. Back in January it was about to break .02 and that was before the share reduction, sales increases and info that KGKG owns an F-ton of VATE shares. Seems like all these factors should cause the pps to reconcile itself soon. Either way, KGKG seems to have their act together. My favorite company/investment by far and I love picking up more shares any chance I get.
Thanks to mods for maintaining a positive and welcoming board.
Solid. You're going to have a difficult time covering.
Why pay for a PR when social media is free? Seems like a very responsible use of company funds to me. And let's be honest, they could have announced international distribution of Cannophen and you would have bashed.
KGKG owns 149mil shares of VATE and VATE is about to hit .07.
Well said. We are invested in RSII products not PRs.
Skin patch? So you're the one spamming their FB and Twiiter. Good to know.
So you are predicting the pps to increase tomorrow? For the fourth day in a row. That's great news. Thank you for another positive post. Much appreciated.
So you are acknowledging an RSII name change to Rising Biosciences will cause a 33% increase in pps within 1-2 days? I can deal with that. Thank you for your positive post. Much appreciated.
And 4/20 "countdown" could mean daily tidbits/updates between now and Friday. Serum packaging appears to be intended for direct-to-clinic/physician distribution. Doesn't look retail. We shall see.
Scar serum tease on FB was great. Symbol/name change could hit any day and it's been about 6 weeks since they announced contracting/production/distribution phases of the RSII plan. It's starting to get very exciting. No turning back now. Cannophen could be a retail and medical game changer for the entire industry.
http://otce.finra.org/DLSymbolNameChanges
The Scar Serum pic was an awesome bonus update. If they are putting out a PR this week, the simple fact that they already released the serum update means that the PR may focus on something else much bigger...Cannophen update, symbol change, TSW update, etc. RSII has more potential catalysts than most other companies in the pps range.
That's huge news. RSII on schedule just as they stated in recent PRs. Packaging/bottling looks terrific.
Page 16, A. "The merger requires that the Company divest itself of its media subsidiary and change the name to Rising Biosciences, Inc."
https://backend.otcmarkets.com/otcapi/company/financial-report/190889/content
Page 16, A. of the annual report...check out that last sentence.
https://backend.otcmarkets.com/otcapi/company/financial-report/190889/content
I think all signs are pointing to it. And I also believe RSII leadership was so excited about their CA/AZ meetings that they may have rushed the last PR thinking shareholders would be equally excited. They got quite the backlash so I think we'll see more tangible updates moving forward. These things take time. RSII is making all the right moves. They are interested in making money as well.
Thanks. Been in RSII for a while. Recent surge of negativity prompted a few posts on my end. This has always been such a pleasant board with great DD and a good group of regulars. The weirdos always seem to drop by about a week before major news hits.
Congrats to all on the green close.
Your point would have been valid four months ago. It's irrelevant now. We are four months beyond the annual data with contracts and products ready to roll. You are simply causing a distraction to what's actually happening with RSII. Perhaps you missed the boat last week with the low pps, you are shorting, you are paid to do exactly what you are doing now or you just don't understand how a business plan works.
Annual Report covers details ending 12/31...nearly four months ago. Anyone who has been following RSII closely knows they have made some major moves since then. AR doesn't concern me one bit. RSII plan is clear and no one in their right mind should expect 2017 revenues to magically appear. It's all about 2018 Q2 and beyond.
Q4 revenue numbers will just make 2018 Q1 look even sweeter.
And btw, keeping the "secret catalyst" a secret is just silly. You've had 3 months+ to load as KGKG share price has remained stagnant. Now is the time to draw attention to KGKG. It's probably a share reduction anyway, right? Just like the sister.
Got out today...Banner has been right the whole time. This company is a wreck. Sals contract up in 2019, probably a reverse split and/or reverse merger with hempwerk. And hmpq only owns 51% of hempwerk. I just dont see how that will ever translate into a decent share price with millions dumped each day and billions out there already. 26 page spread was rehashed garbage paid for by dumping shares. Good luck. Glad Im out of this one.
1-A pos...see timeline on page four of this doc
https://www.sec.gov/files/Knyazeva_RegulationA%20.pdf
Looks routine and possibly even a good sign. Isnt their reg A ending in March?
Can you explain more? I'm a novice and trying to learn about these things...when I read that it looks like they are putting more shares out there. But I honestly don't know what I'm looking at entirely. Thanks
What does the new sec filing mean for this?